During the great recession, average household discretionary income declined. Families sought less expensive alternatives for luxury items. Producers adjusted by offering lighter-weight, lower-cost items. These producers changed their ________.
A) strategies
B) structures
C) people
D) technology

Question

Quizplus · Accepted Answer

The decline in average household discretionary income required producers to adjust their strategies by offering lighter-weight, lower-cost items that would appeal to cost-conscious consumers.

During the Great Recession, Average Household Discretionary Income Declined